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Nasdaq Falls 1%. Year-Ahead Inflation Expectations Jump to 4.3% from 3.3% in Jan

The University of Michigan's Consumer Sentiment Index slid to 67.8 in February's preliminary reading from 71.1 in the prior month, compared with the 71.9 consensus. The slide came as inflation expectations at the one-year horizon continued to climb.Year-ahead inflation expectations jumped to +4.3% from +3.3% in January, surpassing the +3.3% consensus.The latest reading was the lowest since July 2024, with all five index components waning this month.Current Conditions Index: 68.7 vs. 73.0 expecte
Nasdaq Falls 1%. Year-Ahead Inflation Expectations Jump to 4.3% from 3.3% in Jan

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